We all have them – habits. Humans are a habitual species by design so it’s no wonder we struggle to break bad habits all our lives.

But are your habits – those things that you do every day without even thinking about them – driving you broke?

From buying that morning cup of coffee to purchasing your first car, ingrained habits of a lifetime could be the biggest reason why you aren’t wealthy.

The small stuff

Let’s start with the small stuff.

Every day, all of us do things out of habit.

From catching the same train in…

In these current economic times it can seem a daunting prospect to be able to afford your very own home. But the first step in this process is to start saving for a deposit.

House prices have slowed in recent times but the trend is still upwards in most parts of the country (at least in the capital cities). In this environment it can seem like an uphill battle trying to save enough for a deposit. but it is achievable.

There are 4 steps you need to take in order to make saving for a house deposit easier:

Step #1 – Pay off any debt

The…

One way of earning more money is to get a second job. But is it as simple as it sounds, and is it worth doing? We find out.

Usually when you are thinking about getting a second job it’s because you need the money. Whether this is to pay off debt, allow you to save (or save more), or to have more money for retirement, more money is the usual motivator.

But there are other reasons to pursue another job which you may not of considered:

New career…

Don’t think it is possible? Let us know in the comments below.

I was looking at my budget yesterday and started thinking about how much I could strip away and how I could live cheaper.

This was done from the perspective of a single person with no dependents, although it could easily be changed to include a couple, and even a child or two by adding in a few extra essentials.

Why?

This is a great way to save a lot of money over a short to medium time-frame.Obviously the longer you live like this the more you will…

There is more than one way to make money.

Unusual ways to make money

Making money on the side is a great way to reduce your debt, give a boost to your savings, and diversify your income.

Here are three unusual ways you can make money on the side. If you would consider any of these as a way you can make some more money then let us know in the comments below.

Rent out your spare space to travellers

Do…